Latin American reinsurers’ ratings are expected to remain “unchanged” despite experiencing catastrophic losses of approximately US$18.6 billion in 2020, according to Fitch Ratings
The US has retained its position as Bermuda’s largest reinsurance partner, with Bermuda reinsurers paying out over $400 billion to US policyholders and cedants since 1997
Private equity and investment advisory firm CVC Capital Partners has acquired run-off reinsurance and acquisition group RiverStone Europe from Fairfax Financial Holdings
Arthur J. Gallagher is set to acquire Willis Towers Watson’s treaty reinsurance brokerage operations in a transaction expected to be completed in Q4 2021
BMS Re, the independent reinsurance broker, has completed its acquisition of Trean Intermediaries, a US-based independent reinsurance broker and services company
Multinational insurance firm AXA has reported a gross revenue figure of €54 billion for H1 2021, marking a year-on-year increase of 7 per cent, just over half of which was derived from the property and casualty line of its reinsurance subsidiary, AXA
AXIS Capital Holdings has reported a 13 per cent year-on-year increase to $1.9 billion in gross written premium for Q2 2021
